Saturday, December 28, 2019
Wendy Came Into My Life - 1258 Words
Wendy Lankford was raised within a ââ¬Å"traditionalâ⬠family and grew up alongside her mother, father, and younger brother in my home state of Maryland. Today, she is married to Shane Lankford and together they care for three adopted sons; ages 22, 7, and 4. Wendy is a stay at home mom and home schooler who is also actively engaged with her church community and several service groups. Both she and her husband have dedicated themselves to raising awareness and working on behalf of orphans, those with special needs, and those living in poverty. Wendy came into my life in early 2014. That year, my brother, Ryan, faced an uncertain future as his approaching twenty-first birthday would mark the day he was to ââ¬Å"age outâ⬠of the foster care system and lose the assistance from social services that he relied on. He was unprepared for this transition and since our parents had passed away, no other family members offered support, and I was not in a position to provide for him at that time, we had to scramble to piece-meal together a replacement support system and housing for him. We reached out to everyone we knew and by luck, grace, or fate, an old friend of the family suggested that Ryan meet and speak with the Lankford family about temporarily staying with them. Within a few months after that initial conversation, the Lankford s had opened their home and their hearts to my brother and welcomed him into their family through an informal adoption. As the Lankfordââ¬â¢s learned fromShow MoreRelatedFamily Interview : Wendy Lankford944 Words à |à 4 PagesFamily Interview Wendy Lankford was raised within a ââ¬Å"traditionalâ⬠family and grew up alongside her mother, father, and younger brother in my home state of Maryland. Today, she is married to Shane Lankford and together they care for three adopted sons; ages 22, 7, and 4. Wendy is a stay at home mom who is also actively engaged in her church community and with several nonprofit service groups. Both she and her husband have dedicated themselves to raising awareness and working on behalf of orphans,Read MoreThe Theme of Ancestry in Alexies Poem What the Orphan Inherits and Roses Poem Genealogical Research1077 Words à |à 5 PagesYou are the continuation of each of these peopleâ⬠(Hanh). The defining of a person begins first from their ancestry. The importance of family is vital in every personââ¬â¢s life and the reason for this is because families are the group structure the mostly in every cases tries to be and do the best for each other. Sherman Alexie and Wendy Rose are both poet s that have expressed the characteristics of their ancestry and culture in their inspirational and touching poems. Many of them are involved with theRead MoreDescriptive Essay About Danger Island1266 Words à |à 6 PagesDanger Island It was a beautiful sunny day where me and my crew decided to go hiking in a remote island. We didn t know how to get there until we saw an old fisherman staring at us and we asked him if he could drop us off on the island. He agreed with a creepy smile. We were dropped off on the island known as CNSL-116. This island was never explored and for that reason it only had a test name. We had finally arrived at the location it was a mysterious, tropical and humid island. Our crew settledRead MoreLanguage, And How We Choose To Use Language To Communicate1275 Words à |à 6 Pagesby putting oneself in the shoes of a person visiting/ living in America from another country with a limited common language. I came to this realization by mistake. By making friends with people from different parts of the world I gained a better perspective on how language affected the people I talked to. When taking the time to interview two of my closest friends, Wendy, who is an 18-year-old, Hispanic foreign exc hange student from Mexico, along with Haotian, a 17-year-old, foreign exchange studentRead MoreThe Next Chapter of Peter Pan, My Darling Pan Essay1235 Words à |à 5 Pagesstars. Once we started to slow down I noticed a small orange planet glowing in the distance. Surrounding it was a ring of gold dust of what I can only suspect to be fairydust. This must be Neverland. I have never seen such a beautiful thing in all my life. Now most of what I told James Barrie about Pirates and Indians, Mermaids and Fairies, Lost Boys and crocodiles was all true. What I didnââ¬â¢t tell James however was that the pirates were jolly fellows that loved a good laugh, that the Mermaids toldRead MoreInterview Essay1237 Words à |à 5 PagesObstacle vs. Opportunity During the course of her interview on The Wendy Williams Show, with Wendy Williams, Lolo Jones explains how she uses her past failures as motivation to achieve her dreams. Through everything she has been through, Lolo never quit. She never took the easy way out and always kept her eye on her dream. Her story is ââ¬Å"not complete.â⬠(qtd. in Rashaad Jorden) and in this interview it is clear that she is continuing to focus on the opportunities in front of her. Lolo JonesRead MoreAnalysis Of Wendy Lee s Peeling Bananas 1373 Words à |à 6 Pagesthat their answers tell more about them. My answer for the question ââ¬Å"where are you from?â⬠is always Vietnam, my home country. For every Vietnamese like me, home is an important and meaningful part of our life. It becomes a vital part in our culture. The more I live far away from my house, the more I know how it is important to me. Moreover, I acknowledge that not only our homes define who we are but we also define our ho mes. In the essay ââ¬Å"Peeling bananasâ⬠, Wendy Lee uses reflection to support her argumentRead More Lessons Learned from A Very Old Man With Enormous Wings Essay1261 Words à |à 6 Pagesstory very much. I was able to get very interested. Marquez starts it out with On the third day of rain. That line right there is magical because angels are of God, and on the third day Gods son rose from the grave. It was the third day that Pelayo came upon this very old man who had appeared to be an angel. It was awful how Pelayo had thrown this angel into the pen with the hens. Only after Pelayo and his wife Elisenda were blessed with their child not being sick anymore did he realize that he hadRead MoreEssay on I Became a Model Cadet890 Words à |à 4 Pagesdescribing an event that dramatically affected her life. Her choice of narrating her rise in the ranks of JROTC is unique, interesting, and very appropriate for the assignment. She does a very nice job of using specific details to desc ribe aspects of the experience as well as employing dialog to accent her account. The reader gets a clear sense of the impact this event had on her life. I moved to Slidell in the summer of 1998. It was a start of my tenth grade year at Northshore High SchoolRead MoreThe Basic Learning Skills Will Help Me936 Words à |à 4 PagesThe basic learning skills will help me in my future career because they will help me to build a strong rapport with my client. I believe that all of these skills are very important in order to become an effective helping professional, but my personal favorites are open questions and summarizing. It was really interesting for me to see that just by phrasing a question differently that I could get such an extensive and more detailed answer from a client. It is also really cool to see how much clients
Friday, December 20, 2019
Leadership Theories And Leadership Style - 920 Words
Leadership theories and Leadership Style In workplace condition, there are numerous dynamics which may affects a managerââ¬â¢s leadership style. The most significant features which will affect the choice of leadership styles or leadership behavior in a workplace condition need to identify. The most important factor which affects the managerââ¬â¢s leadership style is ââ¬ËTaskââ¬â¢. The task is the real purpose of the team as well as the goals of the team. A managerââ¬â¢s upmost duty is to be certain that all team members have and shares a mutual goal and objective. Once the goal and objective is elucidated it is the managerââ¬â¢s job to direct his team to achieve and accomplish these goals. To make the team task easier managers should use ââ¬Å"SMARTâ⬠management principle. SMART principle stands for be Specific, Measureable, Achievable, Realistic and Time bound. Once the task has been clearly defined using the SMART management principle then it is easier for manager to choose which leadership style to practice in the given situation. For instance Manager may choose to adopt direct authoritative style if he needs to complete an urgent task in short period of time. The benefits of the SMART management principle to prioritize the task or objectives so that the employees and team members will have the clear understanding of what prerequisites to done to achieve the task. With this understanding team members will accept the sudden change of their managerââ¬â¢s leadership style and they will understand the whyShow MoreRelatedLeadership Styles And Theories Of Leadership857 Words à |à 4 Pagesproject shows that leadership is defined in many ways. Characteristics of a good leader are questionable. Leadership styles and theories, such as servant leadership, collective leadership, and dictatorship vastly differ but still share similar attributes. While servant leadership and collective leadership theories similarly encompass specific attributes, the collective leadership theory still lacks vision and empowerment. Inversely, at the other extreme of leadership theories is dictatorship. UnlikeRead MoreLeadership Style And Leadership Theory807 Words à |à 4 Pagesresearch conducted on traits, skills, and characters relationships to leadership and followers. The paper discusses the common themes and conclusions addressed in all studies. The articles penned with the intention of examining the impact leadership style and leadership theory in areas such as individual identity, culture, and worldview. Mahdi, Mohd, and Almsafir (2014) argue there is a significantly strong relationship between the leadership behavior and organizational commitment. Also, the paper synthesizesRead MoreLeadership Theories And Leadership Styles1512 Words à |à 7 Pagesprovide examples surrounding various leadership theories and leadership styles that sustain the definition of a public leader. First, this paper will provide a definition of a public leader. Next, it determine two leadership theories and two leadership styles that support the definition of a public leader. Also, this paper will assess the effectiveness of the two leadership theories. Subsequently, it will assess the effectiveness of the two leadership styles. Further, this paper will utilize properRead MoreLeadership Styles And Theories Of Leadership Essay873 Words à |à 4 PagesGenerally, leadership is the art or process of influencing followers and subordinates to achieve the organizational goals. It helps an individuals or a group to identify its goals and assists in achieving the stated goals. Because of importance of leadership all kinds of group action, there are conside rable number of researches and theories on leadership and many kinds of leadership styles like Greatman theory, power influence, Trait approach, Behavioral, Situational or Contingency approaches;Read MoreLeadership Styles And Theories Of Leadership876 Words à |à 4 Pagesbstract This paper is to define the definition of leadership, and how its breakdown of various leadership styles and theories. I will also focus on more than one leadership style on what is to believe the best aligns thoughts of what leadership should mean. The leadership style is a mixed character of leadership that combines the transformational and servant leadership theories in to Healthcare. An evaluation is made of the learnerââ¬â¢s leadership characteristics and how they would enable the learnerRead MoreLeadership Styles And Leadership Theories993 Words à |à 4 Pagesto the other two leadership styles, I scored next highest in the delegate category and the least amount in the authoritative category. In this paper I will give a comprehensive overview of leadership styles and leadership management theories and how they relate to my style. Lastly, I will discuss my type of work environment, and three key actions or behaviors that I must demonstrate to be a successful leader. Alignment with management and leadership theories Leadership theories include trait, attitudinalRead MoreLeadership Styles And Theories Of Leadership1386 Words à |à 6 PagesLeadership is known as the process of guiding groups, individuals and an organization in the establishment of goals as well as sustaining those goals. The concept of leadership incorporates a diversity of clarifications, leadership styles and theories. While looking at the leaders around us no matter if itââ¬â¢s our president or place of employment, we often find ourselves questioning exactly why these individuals shine in these positions. This essay will detail my leadership in relations of the transformationalRead MoreLeadership Styles And Theories Of Leadership2172 Words à |à 9 PagesThere are many leadership styles and theories. à Effective leaders are required to possess problem-solving skills, maintain group effectiveness, be dynamic, passionate, and be a motivational influence on others. à There are two leadership approaches that are most pop ular. à They are Transactional leadership and Transformational leadership. à A transactional leader is the traditional ââ¬Å"bossâ⬠image (Yoder-Wise, 2015). à In such work environment, employees have an understanding that the superiors make allRead MoreLeadership Theories Of Leadership Styles4638 Words à |à 19 PagesLeadership theories The full spectrum of leadership styles is broad. The leadership styles continuum ranges from very directive to very non-directive: Autocratic, Benevolent Autocratic, Consultative, Participative, Consensus, and Laissez-Faire (Gibson, 1995). The autocratic leader an authority who make decisions or set goals and does not feel the need to explain them. The benevolent autocratic leader also rely on authority for decision-making, but may explain the thought process behind the decisionsRead MoreThe Theory Of Leadership Styles903 Words à |à 4 Pagesphenomenon of leadership is based upon directing, influencing as well as motivating individuals for the purpose of implementing plans as well as running an organization. Leadership styles vary from person to person and is dependent upon the situations that the leader might be faced with (George, Sims, P. Sims, D., 2007). Basically, the leadership styles have been categorized into six types (i.e. commanding, visionary, affiliative, democratic, pacesetting and coaching leadership styles). All these
Thursday, December 12, 2019
HIH Scandal free essay sample
HIH was originally found in 1968 by Ray Williams, then was acquired by British company CE Health PLC in 1971, and renamed as HIH in 1995. Before its collapse, HIH was the second largest insurance company in Australia, and covered several insurance segments, including workers compensation, public and private liability, property, industrial and commercial insurance. It also expanded globally into the US and UK markets. On March 15, 2001, HIH insurance was placed into provisional liquidation. The liquidator estimated that the total loss of HIH are up to $A5. 3 billion as the results of over-optimistic valuations of assets and extensive under-estimation of liability, which represented as the biggest corporate collapse in Australian history. Event leading to failure 1993-1994 CE Health Commences operated in UK and entered workers compensation underwriting market in California, USA. 1995- 1997 HIH expanded their business rapidly through several merge and acquisition, including CIC insurance, Utilities Insurance. It became to the Australias largest underwriter of bancassurance business after acquiring Colonial Mutual General Insurance at January 8, 1997. We will write a custom essay sample on HIH Scandal or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 1998 HIH blacklisted stockbroking analyst who disputed it assessment of the company at Sep. 2008 In January, HIH won a $A300 million takeover bid for FAI Insurance; later HIH admitted it paid more than it expected for FAI, which is estimated to be only worth $A100 million In March, HIH posts a 39 per cent fall in 1998 net profit at $37. 6 million, blaming damage claims. In July, a routine external audit by Arthur Andersen fails to raise the alarm. The regulators and others accept the companys declaration with $939 million in asset. Two months later, HIH sells part of its domestic personal lines business to German Insurance giant Allianz for about $A 500 million. A day after the deal, HIH shares tumble to an all-time low after lower-than -expected profit results announcement and criticism of the Allianz deal. 2000 December, Ray Williams resigns as managing director with a $A5 million severance agreement. Rodney Adler, former FAI chief, is called for resignation. February, HIHs December financial statement overdue at Australian Prudential Regulation Authority (APRA). The Australian Securities Investments Commission ( ASIC) concerns that company might no longer be solvent 2001 March 15, 2001 HIH is forced into provisional liquidation by ASIC with losses of $800 million. ASIC launches its biggest ever investigation, seizing HIH documents. The liquidator revises deficiency between $A 3. 6 billion and $A 5. 3 billion, which becomes called Australias largest corporate collapse 2005 April 14, 2005 Former HIH director Rodney Adler was sentenced for four and half year jail for four criminal charges, which included: Two counts of disseminating information knowing it was false One counts of obtaining money by false or misleading statement One count of being intentionally dishonest and failing to discharge his duties as a director in good faith and in the best interest of the company. HIH insurance is now in run-off, which may take over 10 year to complete. Shareholders may lose their entire capital. The Falling of HIH Insurance According to an American report, the HIH insurance companyââ¬â¢s failures are attributed to rapid expansion business strategy, unsupervised delegation of authority, underpricing, reserve problems, false reports, reckless management, fraud, greed and self-dealing. Many of HIHs business difficulties can be primarily due to its aggressive expanded business strategies. Over a decade, HIH created more than 200 subsidiaries, and the business covers almost all insurance business segments, domestically and globally. It either entered the insurance marketà that is already overcrowded and competitive by offering lower insurance premium (California, US), or chose a sector that it did not fully understand which lead to business issues and legal risks (London, UK). On the other hand, the due diligence failure exacerbated the situation. HIH acquire some troubled insurance business with too high price during its rapid growth period in 1990s. The most controversial acquisition is that pays $A 3 00 million to buy FAI from Rodney Adler, who later became a member of HIHs board of director. FAI was revealed only to be worth $A 100 millions later. HIH also has many fundamental problems, such as underpricing and reserve problem. It offers insurance with very low price, but failure to set aside enough capital to cover it future liability. According to press reports, HIHs actuarial adviser had warned HIHs risk management concern a year before company collapse. However, instead of adding extra capital, HIH chose to buy reinsurance to lay off its risk. It was proved as wrong decision on June 2000 since all reinsurance cover was run out. Further more, the HIHs failure is not only attributed to the business strategy and fundamental problem, but also includes additional issues in conjunction with risk reporting, corporate governance, fraud, external auditing and regulation. Along with companys collapse, it was found that three of HIHs board members in 2000 are previously employed by Arthur Andersen, who is the external auditor of HIH. It has raised huge issues for the reliance of the information provided by company and their auditors. ERM Lesson Learned from HIH failure It is not surprising to hear of insurance companies failure in entering new market, in overpaying in mergers and acquisitions, in mispricing and in being undercapitalized, but it may be rarely found in such a large scandal of HIH. It is a typical case of lack of ERM practice, which leads HIH primarily exposure on systematic risk and operational risk. If possible, we believer two key component of ERM practice can largely help company to reduce those risk exposure, corporate governance and line management. From the ERM perspective, setting corporate governance can ensure seniorà management establishing appropriate organizational process and executing risk management across the company. The Sarbanes-Oxley Act also provides both specific requirement and severe penalties for noncompliance with newly established governance and disclosure standards. If there is corporate governance setting up for HIH, it will reduce the potential operational risk, such as unsupervised delegation of author ity, reckless management, fraud, greed and self-dealing. Add paragraph on strong compliance and internal audit. ERM suggests setting up line management aligning business strategy with corporate risk policy, measuring capital required to execute business strategies such as when pursuing new business and growth opportunities or in acquisitions. Specifically in HIH case, if line management is set up to evaluate risk acceptance criteria when considering new product and market opportunities, and to develop formal transaction and business review processes during due diligence, it will allow company to better understanding those risk at initial stage, and further reduce underpricing risk and due diligence risk.
Wednesday, December 4, 2019
Changing Business Environment for Model of Airtel- myassignmenthelp
Question: Discuss about theChanging Business Environment for Model of Bharti Airtel. Answer: Compare Bharti Airtels Approach to Internationalization with that of European MNEs. It is a fact that in order to achieve profit-making opportunities, organizations desire to go international and they adopt several different ways and tactics which they think will provide them competitive advantage. In the foreign markets, the organizations intend to increase the sale of their production and services and therefore, they sell their products and services at very lower cost. The same strategy is used by the Bharti Airtel in its business operation. It expands its business through low-cost models and targets the other emerging countries for more sale of its services (Aggarwal, 2013). The uniqueness of Bharti Airtel lies in the fact that it has entered into the emerging new markets. The very first advantage that it receives is that it can get benefit for the capabilities and resources of those emerging countries that always seek for getting an opportunity for expanding their services. Hence, in most of they get merged along with the leading organizations such as Bharti Air tel (Damodaran, 2013). Curwen and Whalley (2014), have stated that Airtel shares its stake with the other industries in the field of telecommunication like they did with the Warburg pictures in order to ensure better industrial growth. Such a diverse collaboration is indeed an unique approach which is not followed by the other European MNEs. Along with that, the model of Bharti Airtel is regarded as a unique model for the telecom as it is an effective model for every emerging market like China and India. In many countries apart from these, Airtel has emerged as a dominant player because of its innovative and unique method of business as well as strong brand. Most of the companies belonging from the same industries, focus on getting a hold of the Indian markets, while on the other hand, Airtel is continuously thriving to put more concentration on the international markets. The management team of Airtel has realized that the extensive experience of the company that it has gathered fro m the Indian markets, with its distinctive business model will help to grab the opportunity that is provided by the other developing markets. This has resulted in Airtel, claiming the Zain Groups telecom business in more than ten different countries of Africa (White, 2013). This has given the company a good start in the African continent as well. However there are several other factors that Airtel fouces on and these factors also contribute to the uniqueness of the Airtel. These factors are mentioned below: Bharti Airtel is dedicated towards understanding the importance for strategic partnership and innovation of the business model. The management team of the company always appreciated the tailoring strategy as this helps them in getting fit to a particular business atmosphere. Moshi (2017) has mentioned that the team of RD in the organization quickly understood and implemented the cross-country differences in the demographic and cultural market conditions. The company has always invested in figuring out the methods through which their business could be successful in the international markets. One of the most unique models of Airtel that makes it different from the other European MNEs is that of its minute factory model, which they have used in Bangladesh after gaining the Warid Telecom (Satanarayana, Sambasiva Krishnamurthy, 2017). Furthermore, its international corporate level strategies are also unique to that of the MNEs. They are mentioned below: Local responsiveness- The management of the organization completely depends on the consumer demand and delivers them solutions according to their needs and requirements. They address the local responsiveness with an utmost importance and this is helping the company to grow further within its industries. Cost responsiveness- The domestic or local pricing model of Airtel differs from one country to another along with state to state. It also relies on the consumers demands and the demographical segment. Promoting and creating a value through diversification- The management team of airtel continuously tries to find a value through diversification by moving around the businesses which are both corporately connected and at the same time, are operationally connected as well. The two most notable strategies of Bharti Airtel in its business model is the reduction in the cost and the high share of the important resources (Cappelli et al., 2015). What are the implications of the rise of emerging economy MNEs such as Bharti Airtel for globalisation? - The primary motive of a brand for attaining competitive advantage and profit-making opportunities are two of the factors that affect the brand recognition in order to develop all over the world. These motives could be achieved by changing the global environment. In this context, Zhu, Sarkis Lai (2013) have been stated that such an expansion of a business could easily take place through encouraging the development of the organizational performance and minimizing the trade barriers. There are several organizations such as the manufacturing or retail companies that is going hand in hand with the trend and has been adopted the modern technology of computerization in order to reach their customers around the world, notwithstanding the fact that they do not have any outlet or any kind of physical store present in that country. With the same, organization such as the Bharti Airtel always looks forward towards the present of opportunities in order to access the resources from other nation s around the globe. They search for an opportunity so that those resources could be obtained through acquiring the other companies in the same field of the developing or emerging nations. Deshmukh, Deshmukh and Thampi (2013) have stated that companies such as Bharti Airtel also reduce their cost with an intention that more number of people from the new nation could use their products. Along with that, the stability in the relation of the international organization and the development of technologies that made it so easy to trade in the international market and incensement has also driven the internationalism of Bharti Airtel. References Aggarwal, R. (2013). Adjusting to BRICs in glass houses: replacing obsolete institutions and business models.Thunderbird International Business Review,55(1), 37-54. Cappelli, P., Singh, H., Singh, J., Useem, M. (2015). Indian business leadership: Broad mission and creative value.The Leadership Quarterly,26(1), 7-12. Damodaran, S. (2013). New strategies of industrial organization: outsourcing and consolidation in the mobile telecom sector in India. Deshmukh, S. P., Deshmukh, P., Thampi, G. T. (2013). Transformation from E-commerce to M-commerce in Indian Context.International Journal of Computer Science Issues (IJCSI),10(4), 55. Moshi, G. C., Mwakatumbula, H. J. (2017). Effects of political stability and sector regulations on investments in African mobile markets.Telecommunications Policy,41(7-8), 651-661. Satyanarayana, D., Rao, K. S., Naidu, S. K. (2017). The impact of Reliance Jio on Indian mobile industry-A case study on mergers and acquisitions of ideaVodafone and AirtelTelenor.IJAR,3(3), 209-212. White, L. (2013). Emerging powers in Africa: Is Brazil any different?.South African Journal of International Affairs,20(1), 117-136. Zhu, Q., Sarkis, J., Lai, K. H. (2013). Institutional-based antecedents and performance outcomes of internal and external green supply chain management practices.Journal of Purchasing and Supply Management,19(2), 106-117.
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